KRS 286.3-460: Duties of examiners.

In examinations under KRS 286.3-450 the examining officer shall investigate:

(1) The cash, bills, collateral, securities, other assets, books of account, and all other

papers and books of the bank or trust company;

(2) The condition and resources of the ba nk, the mode of conducting and managing its

affairs, the actions of its directors, the investment and disposition of its funds, the

safety and prudence of its management and the security afforded to those by whom

its engagements are held;

(3) Whether the r equirements of its charter and of the laws of this state have been

complied with in the administration of its affairs; and

(4) Such other matters as the commissioner deems necessary.